Defined Benefit (Pension) · DOL Form 5500 · 2024

Sifco Industries, Inc. Pension Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
76
Participants Small participant base
36th
Percentile by assets National rank
$46,841
Avg per participant Low balance/head
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Official DOL plan name: The Steel Improvement Boilermakers & Blacksmiths Pension Plan · Sponsored by Sifco Industries, Inc. · Ohio · Manufacturing

$4M in assets, 76 participants

Sifco Industries, Inc.'s The Steel Improvement Boilermakers & Blacksmiths Pension Plan reported $4M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 36th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,519 in Manufacturing (17,777 peers)

Sifco Industries, Inc. multi-year trail

Sifco Industries, Inc.'s plans moved +63.6% in assets from 2022 to 2024; this filing shows The Steel Improvement Boilermakers & Blacksmiths Pension Plan at $4M / 76 participants.

#3,519
in Manufacturing (17,777 peers)
-1.4%
assets change YoY

The plan reported a net loss of $52K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Steel Improvement Boilermakers & Blacksmiths Pension Plan's mid-pack asset rank among Manufacturing and all filers

The Steel Improvement Boilermakers & Blacksmiths Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,559,920 36th percentile higher than 36% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

The Steel Improvement Boilermakers & Blacksmiths Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Steel Improvement Boilermakers & Blacksmiths Pension Plan is a small filing (76 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Steel Improvement Boilermakers & Blacksmiths Pension Plan reported net income rose from -$213K in the plan year 2023 filing to -$52K in the plan year 2024 filing.
  • The Steel Improvement Boilermakers & Blacksmiths Pension Plan reported participants fell from 81 in the plan year 2023 filing to 76 in the plan year 2024 filing.
  • The Steel Improvement Boilermakers & Blacksmiths Pension Plan end-of-year assets fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 340553950 · Sifco Industries, Inc. PY 2024 · Defined Benefit (Pension)

The Steel Improvement Boilermakers & Blacksmiths Pension Plan · $4M · 76 · 36th

  • EIN $4M
  • RANK 76
  • PHOTO 36th
  • IND Defined Benefit (Pension)
  • EOY near Memorial Foundation for Jewish Culture, Inc. Defined Benefit Pension Plan
  • 5500 ind #3519

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Ohio →

The Steel Improvement Boilermakers & Blacksmiths Pension Plan in the asset neighbourhood

The Steel Improvement Boilermakers & Blacksmiths Pension PlanThe Steel Improvement Boiler…$4MMemorial Foundation for Jewish Culture, Inc. Defined Benefit Pension PlanMemorial Foundation for Jewi…$4MLocal 2066 Pension Fund$4MGastrointestinal Associates, S.C. Cash Balance PlanGastrointestinal Associates,…$4MWestcoast Precision, Inc Defined Benefit PlanWestcoast Precision, Inc Def…$4M
End-of-year total assets ($M) among The Steel Improvement Boilermakers & Blacksmiths Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Sifco Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sifco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 63.574594494985234% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.1M $28M ▲ +63.6%
Year Plans Participants Total Assets
2022 1 234 $17M
2023 3 234 $23M
2024 4 325 $28M

Sifco Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$52K
Employer EIN340553950
Plan Effective Date1962-06-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Steel Improvement Boilermakers & Blacksmiths Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants The Steel Improvement Boilermakers & Blacksmiths Pension Plan, Total assets ($B): 0.00355992 · Participants: 76The Steel Improvement Boilermakers & Blacksmiths Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
The Steel Improvement Boilermakers & Blacksmiths Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

The Steel Improvement Boilermakers & Blacksmiths Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Memorial Foundation for Jewish Culture, Inc. Defined Benefit Pension Plan in NY ($4M); by covered participants it is Corning Museum of Glass Pension Plan in NY (76 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (76 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Steel Improvement Boilermakers & Blacksmiths Pension Plan assets move in 2024?
The Steel Improvement Boilermakers & Blacksmiths Pension Plan edged down modestly - down 1.4% during 2024, from $4M to $4M. Reported net income was -$52K.
How have Sifco Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sifco Industries, Inc.'s sponsor-wide assets grew 63.6%, from $17M to $28M.
Which Defined Benefit (Pension) plans are similar in size to The Steel Improvement Boilermakers & Blacksmiths Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Memorial Foundation for Jewish Culture, Inc. Defined Benefit Pension Plan in NY ($4M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Steel Improvement Boilermakers & Blacksmiths Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Corning Museum of Glass Pension Plan in NY (76 participants, N/A in assets).